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Practical Guide

I want a composition agreement with my creditors

# Translation The concordat (art. 293-336 LP) is a judicial procedure allowing the debtor to find an arrangement with its creditors, an alternative to bankruptcy. There are two main types: (1) the concordat-dividend: the debtor undertakes to pay a percentage of its debts (generally…

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Keywords

concordat arrangement creditors remission staggered payment

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